Tax Measures Help Balance State Budgets
- In response to the current recession, 30 states this year have enacted tax increases. Another seven states are considering similar measures.
- This response is consistent with past practices. States often reduce taxes during economic expansions and increase them during downturns. In the recession of the early 1990s, some 44 states raised taxes; in the early 2000s, some 30 states did so.
Mark Real (mreal@kidsohio.org) has invited you to visit An Analysis from the Center on Budget and Policy Priorities
Tax Measures Help Balance State Budgets
http://www.cbpp.org/cms/?fa=view&id=2815
